Al Waleed bin Talal Al Saud

Al Waleed bin Talal was born in Jeddah on 7 March 1955 to Prince Talal bin Abdulaziz and Mona El Solh. His father was Saudi Arabia's finance minister during the early 1960s, before he went into exile due to his advocacy for political reform. Al Waleed's paternal grandparents were King Abdulaziz and Munaiyir. His grandmother, an Armenian, was presented by the emir of Unayzah to King Abdulaziz in 1921, when she was 12 years old and Abdulaziz was 45. His maternal grandparents were Riad Al Solh, the first prime minister of Lebanon, and Fayza Al Jabiri, the sister of Syrian Prime Minister Saadallah al-Jabiri. Al Waleed's parents separated when he was seven, and he lived with his mother in Lebanon. finishing in two-and-a-half years, finishing in eleven months. ==Business career==

Al Waleed began his business career in 1979 after graduating from Menlo College. He returned to Saudi Arabia, which was in the midst of the 1974–85 oil boom. Operating from a small, four-room cabin in Riyadh and $30,000 start-up money provided by his father, Al Waleed formed Kingdom Establishment in 1980. When that money ran out in a few months, he secured a $300,000 loan from the Saudi American Bank, partly owned by Citibank. Rather than taking a commission for facilitating contracts as the legally required middleman, Al Waleed insisted on a stake in the project. His first success was in 1982, partnering with a South Korean construction company, and from then on, his commissions were used to fund his real estate deals. In his own words, "All the money I used to get from this construction I would plough back into real estate, and in the stock market, both." The hostile takeover of USCB in 1986, the merger with SCB in 1997, and the merger of USB with SAMBA in 1999, were the first of their kind in the Kingdom. He then secured a majority in Al-Azizia Panda, merging it with the Savola Group, and took over National Industrialization Company. In 1993, Al Waleed purchased a 10 percent stake in Saks Fifth Avenue for $100 million. A flagship store was then opened in Riyadh. for his satellite TV platform. Then, in 1996, he bought the George V for $185 million, and spent $120 million renovating it for a reopening in Dec 1999. Regarding Al Waleed's investment in the George V, Issy Sharp states, "...he created value where no one else could..." Time reported in 1997 that Al Waleed owned about five percent of News Corporation, which he purchased for $400 million, making him the third largest shareholder. In April 1999, Al Waleed purchased an additional $200 million of preferred shares. In April 1997, Al Waleed purchased a 4 percent stake in Planet Hollywood for $57 million, and another 16 percent in November 1998 for $45 million. In 2002, Al Waleed formed Kingdom Hotel Investments to oversee his hotel assets. The 2004 Forbes list of wealthiest people had Al Waleed fourth, with a net worth of $21.5 billion. More than $1.3 billion was in hotel holdings. In August 2011, Al Waleed announced that his company had contracted with the Saudi Binladin Group to build the world's tallest building, the Kingdom Tower (at a height of at least ) for SR 4.6 billion. The original plan—announced in 2008—called it برج الميل (Arabic for "One-Mile Tower"), at a height of and an estimated cost of $20 billion. In December 2011, Al Waleed invested $300 million in Twitter, purchasing secondary shares from insiders. The purchase gave Kingdom Holding "more than 3% share" in the company, which was valued at $8 billion in late summer 2011. In 2015, he announced that he would donate his fortune to charity at an unspecified date. He had previously donated $3.5 billion over the course of 35 years through his charitable organization Alwaleed Philanthropies. From 2015 to 2021, he lost several lawsuits against Pierre El Daher, CEO of LBCI, and would be required to pay $22m, due to breaches in contract conditions with the Lebanese broadcaster. In May 2022, he was listed as committing to purchase approximately 35 million shares of Twitter Inc. at or immediately prior to the purchase of Twitter by Elon Musk and other private-equity investors behind Musk's bid. ==Arrest and release==

On 4 November 2017, Al Waleed was one of those arrested in Saudi Arabia in a "corruption crackdown" conducted by a new royal anti-corruption committee. In total, 320 princes, ministers and businessmen were detained at the five-star Ritz-Carlton Hotel in Riyadh. This was done on the orders of Crown Prince Mohammad bin Salman, who acted with the aim of consolidating his position as the next ruler of the kingdom. Mohammad bin Salman is Al Waleed's first cousin; both are male-line grandsons of founding King Ibn Saud. Al Waleed and most of the other Saudi notables arrested made financial settlements of some kind with the Saudi government before they were released. In December, some weeks after the arrests, it was reported that the Saudi Arabian authorities were demanding $6 billion from Prince Al Waleed bin Talal in exchange for his release. Al Waleed was released from detention in late January 2018, nearly three months after his arrest. In comparison, his first cousin Prince Mutaib bin Abdullah, son of the late King Abdullah (1924–2015), was released after reportedly paying $1 billion. Just days before his arrest, Al Waleed reportedly contacted US-based Saudi journalist Jamal Khashoggi (who had publicly criticized the Saudi government in the past) and invited him to return to the Kingdom to contribute to Mohammad bin Salman's vision. ==Forbes dispute ==

In 2013, Kerry Dolan, editor of Forbes annual billionaires' list, wrote an article accompanying the list entitled "Prince Alwaleed and the Curious Case of Kingdom Holding Stock". "They are accusing me of market manipulation," Al Waleed said. "This is all wrong and a false statement. We will fight it all the way against Forbes." Forbes expressed surprise at the libel action and the fact that it was filed in London. A statement issued by the Kingdom Holding Company accused Forbes of publishing a "deliberately insulting and inaccurate description of the business community in Saudi Arabia and specifically, Forbes denigration of the Saudi stock exchange (Tadawul), which is one of the most regulated in the world". According to Al Waleed, the magazine used an "irrational and deeply flawed valuation methodology, which is ultimately subjective and discriminatory". On 16 June 2015, Forbes and Al Waleed released a joint statement announcing that they had settled their dispute "on mutually agreeable terms". The opening of the Saudi stock exchange to foreign investors was cited as key in the defendants' willingness to consider the stock price of Al Waleed's publicly traded Kingdom Holding Company in valuing the KHC component of his wealth. == Political views ==

Al Waleed tweeted a statement with a picture of himself holding an honorary Palestinian passport, "In response to the news of the visit to Israel: I have not and will not visit Jerusalem or pray inside it until its liberation from the Zionist enemy. And I carry an honorary Palestinian passport". In 2015, Al Waleed was criticised for offering to buy Bentley cars for Saudi fighter pilots involved in the Saudi Arabian-led intervention in Yemen. In a tweet later deleted, he said: "In appreciation of their role in this operation, I'm honoured to offer 100 Bentley cars to the 100 Saudi [fighter] pilots". Al Waleed advocates for pragmatic governance, praises Giorgia Meloni’s centrist approach, and aligns with Donald Trump on social issues. ==Philanthropy==

In July 1997, Al Waleed invested $10 million with the Palestinian Investment and Development Company (PADICO), and then helped cofound the Jerusalem Development and Investment Company (JEDICO). On 1 July 2015, Al Waleed held a press conference announcing his intention to donate $32 billion to philanthropic causes. He said that the funds would be used for humanitarian projects such as the empowerment of women and youth, disaster relief, disease eradication and building bridges of understanding between cultures. Donation after 11 September attacks After the 11 September attacks, Al Waleed gave a cheque for $10 million to New York City Mayor Rudy Giuliani, despite Saudi opposition. In a written statement after his donation, Al Waleed said: "At times like this, we must address some of the issues that led to such a criminal attack. I believe the government of the United States of America should re-examine its policies in the Middle East and adopt a more balanced stance toward the Palestinian cause." As a result of that statement, Giuliani returned his cheque. Al Waleed said to a Saudi weekly magazine about Giuliani's rejection of his check, "The whole issue is that I spoke about their position [on the Middle East conflict] and they didn't like it because there are Jewish pressures and they are afraid of them." Giuliani replied to this by suggesting that Al Waleed's comment was actually part of the problem: "There is no moral equivalent for this [terrorist] act. There is no justification for it... And one of the reasons I think this happened is because people were engaged in moral equivalency in not understanding the difference between liberal democracies like the United States, like Israel, and terrorist states and those who condone terrorism. So I think not only are those statements wrong, they're part of the problem." Western universities In 2005, Al Waleed gave Georgetown University $20 million to create the Prince Alwaleed bin Talal Center for Muslim-Christian Understanding (ACMCU) in the university's School of Foreign Service, the second largest donation in the school's history. On 8 May 2008, Al Waleed gave £16 million to Edinburgh University to fund a "centre for the study of Islam in the contemporary world". He has also endowed the Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud Center for American Studies and Research (CASAR). The Institute for Computational Biomedicine at Weill Cornell Medical College is named for Al Waleed. The Centre of Islamic Studies at the University of Cambridge and the Islamic Studies Program at Harvard University are also named after him. At his alma mater Syracuse University, Al Waleed is an honorary member of the advisory board of the Maxwell School of Citizenship and Public Affairs. First Saudi female pilot Al Waleed financed the training of Hanadi Zakaria al-Hindi as the first Saudi woman commercial airline pilot, and said at her graduation that he is "in full support of Saudi ladies working in all fields". Al-Hindi became certified to fly within Saudi Arabia in 2014. ==Assets==

Al Waleed owns the 65th-largest private yacht in the world, the Kingdom 5KR (originally built as the Nabila for Saudi arms dealer Adnan Khashoggi in 1979). In 1983, owned by Khashoggi, it appeared as the Flying Saucer (the yacht of James Bond's villain, Largo) in Never Say Never Again. It was sold to Donald Trump, who renamed her the Trump Princess. Al Waleed bought the yacht after Trump experienced financial problems in the late 1980s. Al Waleed ordered a yacht known as the New Kingdom 5KR, about long with an estimated cost of over $500 million. The yacht is designed by Lindsey Design, and its design was delivered in late 2010. He owns several aircraft converted for private use: a Boeing 747, an Airbus A321 and a Hawker Siddeley 125. Al Waleed was the first individual to purchase an Airbus A380 and was due to take delivery of it in the spring of 2013, but it was sold before delivery. Palaces Al Waleed owns three palaces: two existing and a third under construction. The Kingdom Palace, in central Riyadh, is his primary home. According to Time magazine, "Al Waleed lives in Riyadh, Saudi Arabia in a $130 million sand-colored palace whose 317 rooms are adorned with 1,500 tons of Italian marble, silk oriental carpets, gold-plated faucets and 250 TVs. It has four kitchens, for Arabic, Continental and Asian cuisines, and a fourth just for dishing up desserts, run by chefs who can feed 2,000 people on an hour's notice. There is also a lagoon-shaped pool and a 45-seat basement cinema". The Kingdom Resort, also in central Riyadh, has three lakes interspersed with gardens. The Kingdom Oasis, under construction, will have a lake and a private zoo. Awards Al Waleed received the first order of the Order of King Abdulaziz of Saudi Arabia in 2002 and is a recipient of the Lebanese National Order of the Cedar. that year he also received the Star of Palestine, the highest honour conferred by the State of Palestine. In 2010, Al Waleed received the Dwight D. Eisenhower Award for Innovation. He received the Bahrain Medal of the First Order, the country's highest honorary medal in late May 2012. He received the Nepalese third-order Mahaujjval Rastradip Manpadvi, the highest award bestowed on a foreigner, and Guinea-Bissau's Colina De Boe Medal in August 2012. In June 2013 Al Waleed was made Grand Commander of the Order of the Republic of Sierra Leone (GCRSL), the country's highest honour. On 13 December 2014, he was made an Honorary Companion of the National Order of Merit of the Republic of Malta. == Honors ==

Saudi Arabian national honours Foreign honors ==Personal life==

and John F. Kennedy, 1962 Al Waleed has been married and divorced four times. His first marriage was in 1976, at the age of 19 to his cousin, Princess Dalal bint Saud, a daughter of King Saud. Al Waleed and bint Saud later divorced in December 1994. in 1999. They were divorced in 2004. He is a supporter of Al Hilal SFC and a Platinum Supporter Member of the club. In September 2024, he donated 300 million Saudi riyals to the club. ==Ancestry==